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  1. Athens unmoved as relations with Russia become chillier
    Photo by Alexandros Vlahos ANA/Fosphotos

    PoliticsForeign Policy

    viewed Russia as a potential alternative source of funding in the event that the coalition was unable... and others as Athens saw fit. In the end, no funding from Russia was forthcoming and Tsipras decided

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  2. Further measures to protect and strengthen financial stability foreseen in sMoU
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    in the banking system and to a sustainable funding model for banks in the medium term. Via the Bank of Greece... of recapitalisation and funding for this purpose of smaller, less systemic banks. Bad loans The sMoU is very

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  3. Deposit inflows of 272.9 mln recorded in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion. BoG’s monthly financial statement recently showed that Eurosystem funding fell by another 4.46 billion in November Due to the reduction, central bank funding came to 32.88 billion euros

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  4. Despite speculation, post-MoU credit line seems unlikely
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    EconomyProgramme

    as this would ensure that the Greek banks could continue to access cheap funding from the ECB... outside of Greece. An application from Athens for further stand-by funding would mean the Eurogroup also

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  5. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    -sufficiency and market-based funding”. This clean exit will be supported by the cash buffer the Finance... and accelerate the clean-up of their balance sheets.” The reduced reliance on emergency funding from

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  6. BoG looks at other programme exits and options available to Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that will cover the country’s funding needs for 12 months after this August. The central bank dedicates... billion. According to the Commission, 17 billion euros is enough to cover funding needs until

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  7. Focus of discussion for lenders moves to debt relief, post-MoU framework
    Photo via http://www.delphiforum.gr/

    EconomyProgramme

    with 48 billion euros, whereas its funding needs until the end of 2020 are between 44 and 45 billion... for funding and policy guidance has to come to an end after eight years under a programme. “Greece cannot

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  8. February deposit balance positive by 59 mln, reversing previous month's outflow

    EconomyMacroeconomy

    that Eurosystem funding fell by 2.80 billion euros in February. This decline took central bank funding to 26.30 billion euros for the month, down from the total of 29.09 billion noted in January.

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  9. Are hirings in the public sector out of control?
    Photo by MacroPolis

    EconomyFeatures

    for self-funding functions (for example functions funded by municipal taxes). His conviction... by various self-funding mechanisms such as local government taxes, EU programme funds or own revenues

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  10. Strong deposit growth of 1.14 bln noted in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that Eurosystem funding fell by 1.45 billion euros in March. This decline took central bank funding

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